deed in lui of foreclosure

[Roni Canciene]

I purchased a condo a couple of years ago and was married last year. I have been unsuccessful at selling the unit.

My credit score has declined because I am struggling to make the morgage payments and have used my credit cards for living expenses . I've never missed a morgage payment nor have I made late payments. My credit report shows I have never made a late payment on any account I have had.

I am caring for an ill parent and also have recently seperated from my spouse. I have moved back into my condo. This is my primary residence now. I am undecided on what to do as far as getting out from under this morgage.

Am I able to just walk away or will the morgage company come after me for the difference once the property is sold? I have a first morgage and second (line of equity) with wells fargo. I will be unable to make future morgage payments so am I able to just give the company the keys before then??